California

Jeff Bezos may be the second-richest person in the world, yet in 2023 he chose to pay rent instead of living in a home he owns. The unique story involved legendary musician and saxophonist Kenny G and even involved spousal payments and a protective order on the home. What...

California has faced numerous wildfires in recent memory as climate change-induced weather wreaks havoc on the Golden State. Which companies could be affected by the ongoing Park Fire in Northern California? Park Fire Rundown: The Park fire, the largest wildfire currently burning in the U.S., has...

Airbnb Inc. (NASDAQ:ABNB) anticipates a decrease in bookings from U.S. customers, attributing the downturn to global events and new regulations in California. What Happened: During the earnings call, Airbnb forecasted a “sequential moderation” in nights and experiences booked for the...

A 5.3 magnitude earthquake hit Southern California on Tuesday night, with its epicenter located near Bakersfield, Kern County. The quake was felt as far as Los Angeles and Orange County. What Happened: The earthquake struck at 9:09 p.m. PTD, with its epicenter in Lamont, California, close to...

In a significant corporate shift, Chevron (NYSE:CVX), a stalwart of California since 1879, has unveiled plans to relocate its headquarters to Texas. What Happened: The oil behemoth joins an expanding roster of companies that have chosen to uproot from California and set up shop in Texas. This...

A heat wave is set to sweep across several regions of the United States as 2024 shapes up to be one of the hottest years on record. The Forecast: Nearly 150 million Americans are under heat warnings or watches on Thursday, per the National Weather Service. According to Axios, temperatures will...

Energy prices have soared over the past five years as climate change-induced extreme weather has hit several regions of the United States; meanwhile, record-high temperatures have kept Americans indoors. A new report contradicts the narrative that the switch to green energy is the sole factor...

In response to a recent U.S. Supreme Court decision, California Gov. Gavin Newsom announced an executive order on Thursday directing state officials to initiate the removal of homeless encampments across the state. Last month, the high court upheld an Oregon city’s practice of ticketing...

Texas has emerged as the United States’ clean-energy powerhouse as future green energy capacity in the Lone Star State far surpasses other states. The Data: A post on X by Michael Thomas relayed data from the Energy Information Administration. Over the next 18 months, Texas is expected to...

Gavin Newsom, the Governor of California, has publicly endorsed Vice President Kamala Harris for the upcoming presidential race. What Happened: Newsom voiced his support for Harris on social media, praising her as “tough”, “fearless”, and “tenacious”. He further...

Apple Inc. (NASDAQ:AAPL) unveils a $50 million fund as part of its $2.5 billion investment commitment aimed at addressing the housing crisis in the San Francisco Bay Area, focusing on affordable housing initiatives across California. What Happened: The Bay Area Housing Innovation Fund, which is...

Two companies owned by Elon Musk will be getting new headquarters, according to a post from the billionaire investor.   What Happened: Following the move of electric vehicle company Tesla Inc (NASDAQ:TSLA) changing its headquarters from California to Texas, Musk appears ready to make the move on...

Snap Inc. (NYSE:SNAP) has agreed to pay $15 million to settle a lawsuit filed by the California Civil Rights Department. The lawsuit accused the company of gender discrimination, failure to prevent workplace sexual harassment, and retaliation against female employees who raised complaints. What...

Amazon.com Inc. (NASDAQ:AMZN) has been fined $5.9 million by a California labor regulator for allegedly failing to inform workers of productivity quotas at two of its warehouses. What Happened: The California Labor Commissioner, Lilia Garcia-Brower, announced the fines on Tuesday, Reuters reported...

Two female Apple Inc (NASDAQ:AAPL) employees filed a class-action lawsuit on Thursday, alleging that the Cupertino-based tech giant pays women less than men for the same work. Silicon Valley has seen similar lawsuits in recent years over gender pay inequality. What Happened: The Wall Street Journal...